Patience Pays: The Power of Delayed Gratification

Wealthy Habits Podcast

Sometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future, but that’s a core principle in retirement planning. Many of the decisions you make during the planning process and the strategies you implement are done to put you in a better position when retirement rolls around. Today we'll talk about some of the situations shwere you might be inclined to take the immediate benefit, when you should really consider the delayed rewards.

Here’s some of what we discuss in this episode:

• Contributing to your 401k every month is one of the easiest ways to save for retirement.
• Why paying taxes now might benefit you much more than paying them when you pull money out of your 401k in retirement.
• Pulling money out of your emergency fund for another purpose can cause problems when unforeseen expenses pop up.
• Regular health check-ups and preventative care could help you avoid severe issues and high medical costs.

Contact Dave and Drue:

Web: https://www.truefinancialpartners.com/

Email: [e-mail]

Phone: [phone]